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Dec 28, 2012
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harry reid can talk about mr. boehner. he sat over there for three years and has not passed a bill on his side of the aisle. i feel there is an imbalance in the thinking of the people of this country. if we do not get her mind straits, we're in for some deep problems. i am a conservative by nature. the culture and liberal left wing is running this country -- the ulta and liberal and left- wing is running this country. host: thank you for the call. 44% of voters think congressional republicans are to blame. 15% blame both sides equally. a lot of focus in new york. funding for hurricane sandy relief efforts totaling $60 billion. it is unlikely to be in the house. many are saying it is too expensive. "lock them up until they deal." we will continue our conversation on the fiscal cliff. damian paletta will be joining us from "the wall street journal" as negotiations resumed at 3:00 p.m. today at the white house. later, randal o'toole with the cato institute. he has a new book and will be joining us at 8:30. "washington journal
harry reid can talk about mr. boehner. he sat over there for three years and has not passed a bill on his side of the aisle. i feel there is an imbalance in the thinking of the people of this country. if we do not get her mind straits, we're in for some deep problems. i am a conservative by nature. the culture and liberal left wing is running this country -- the ulta and liberal and left- wing is running this country. host: thank you for the call. 44% of voters think congressional republicans...
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Dec 28, 2012
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reid, was blunt about chances for a deal. and he blamed house speaker john boehner. just before christmas, boehner floated his so-called "plan b"-- letting taxes rise on millionaires. but faced with opposition in republican ranks, he pulled it, and sent the house home for the holiday. reid charged today politics explained why the speaker had not yet called the house back. >> john boehner seems to care more about keeping his speakership than keeping the nation on a firm financial footing. it's obvious what's going on. he's waiting until january 3 to get reelected to speaker before he gets serious about negotiations. >> warner: a boenhner spokesman shot back, "harry reid should talk less and legislate more." but late today, republican leaders put out word that the house will reconvene on sunday. yesterday, they challenged the senate to take the next step, by extending the bush-era tax cuts for all income groups. in a joint statement, they said, "the house will take... action on whatever the senate can pass, but the senate first
reid, was blunt about chances for a deal. and he blamed house speaker john boehner. just before christmas, boehner floated his so-called "plan b"-- letting taxes rise on millionaires. but faced with opposition in republican ranks, he pulled it, and sent the house home for the holiday. reid charged today politics explained why the speaker had not yet called the house back. >> john boehner seems to care more about keeping his speakership than keeping the nation on a firm financial...
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Dec 28, 2012
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one person isn't spotted yet on the beltway is house speaker john boehner and harry reid took him to task for it earlier. demanding that he bring the chamber of commerce back to session for a deal to be struck. >> the house of representatives with four days left aren't here with the speaker having told them he will give them 48 hours' notice. if we go over the cliff it will be with the knowledge that could have been done with a single vote. >> andrea: boehner's spokesman said reid should talk less. the speaker insists the senate should ask first for members to reconvene on sunday. we can go off the cliff. pass the obama tax cut and reinstate the sequester cuts to things like he likes like the national institute of health and cut the defense budget. put republicans in the corner to say you want to bring a bill to the floor? be my guest. am i right? >> bob: my, you are cynical. keep in mind, they said, boehner said he wants to go to the senate. under the constitution, you cannot start a bill on taxes in the senate. has to come from the house. there is a 48-hour limit because you have t
one person isn't spotted yet on the beltway is house speaker john boehner and harry reid took him to task for it earlier. demanding that he bring the chamber of commerce back to session for a deal to be struck. >> the house of representatives with four days left aren't here with the speaker having told them he will give them 48 hours' notice. if we go over the cliff it will be with the knowledge that could have been done with a single vote. >> andrea: boehner's spokesman said reid...
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Dec 28, 2012
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reid knows that and harry reid is hostage to his own caucus. >> harry reid pass legislation to raise taxes -- [talking over each other] >> he got them a few months ago in july when he voted to raise taxes -- [talking over each other] >> we are heading into the midterm is. people have short-term memory is. when they see the vote with the fiscal cliff they will say wait a second, those thirteen democrats -- [talking over each other] >> 13 democrats in the same polling that all people do when they're ready for election and they have seen essentially voters overwhelmingly believe you have to raise taxes on what they consider [talking over each other] [talking over each other] >> that is not so according to the polls and these people are running for reelection. >> suppose we get higher taxes on people making $250,000 a year. i agree that is what is going to happen. that doesn't solve anything. it solves absolutely nothing. this is a spending problem. >> it is a revenue problem aad the spending problem. >> >> we are at pre [talking over each other] [talking over each other] >> under reagan
reid knows that and harry reid is hostage to his own caucus. >> harry reid pass legislation to raise taxes -- [talking over each other] >> he got them a few months ago in july when he voted to raise taxes -- [talking over each other] >> we are heading into the midterm is. people have short-term memory is. when they see the vote with the fiscal cliff they will say wait a second, those thirteen democrats -- [talking over each other] >> 13 democrats in the same polling that...
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Dec 27, 2012
12/12
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moments ago harry reid took to the floor of the u.s. senate and blasted the house speaker john boehner a kaoutsing the speake accusing him of putting his career ahead of middle class families. >> the american people i don't think understand the house of representatives is operating without the house o representatives. it's being opted with a dictatorship of the speaker not allowing the representatives to get what they want. if the 250 would be brought up it would pass overwhelmingly, i repeat. gregg: a dictatorship. how about that? republican leadership has said it's up to the u.s. senate to act first, because the house has already passed two bills related to the fiscal cliff, so we'll wait and see what happens there. as if parking wasn't frustrating enough, one city is boosting its meter rates to become the country's most expensive place to park. would you believe $6.50 an hour? we'll tell you where. patti ann: canadian companies trying to fill hundreds of jobs by recruiting americans. >> it's a real boon to canada, we're happy to brin
moments ago harry reid took to the floor of the u.s. senate and blasted the house speaker john boehner a kaoutsing the speake accusing him of putting his career ahead of middle class families. >> the american people i don't think understand the house of representatives is operating without the house o representatives. it's being opted with a dictatorship of the speaker not allowing the representatives to get what they want. if the 250 would be brought up it would pass overwhelmingly, i...
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Dec 30, 2012
12/12
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harry reid and he are working on a scaled down agreement that focuses on avoiding a middle class tax hike. the plan is to send it to the senate for a vote sunday and then to the house. john boehner had no comment. both sides remain at odds over the democrats' instance that the wealthy pay more in taxes. >> chris: it would only fund the government for 8 days. what does the president propose we do for the other 357 days? >> reporter: president obama insists his plan on the tablt is fair and it include -- table is fair and includes plenty. cuts to spending. >> we can't afford a politically self-conflicted wound to our economy. >> reporter: if the negotiations don't pan out, the president is ready to propose his own scaled back bill that would block tax increases for all but the wealthy and preserve expiring unemployment benefits. with the deficit ticking higher, patience is wearing thin. >> for those of us that invest in the stock market, it's disgusting to watch them jockey around with our money. we're affected every day. >> reporter: missing in all the last-minute negotiations is talk
harry reid and he are working on a scaled down agreement that focuses on avoiding a middle class tax hike. the plan is to send it to the senate for a vote sunday and then to the house. john boehner had no comment. both sides remain at odds over the democrats' instance that the wealthy pay more in taxes. >> chris: it would only fund the government for 8 days. what does the president propose we do for the other 357 days? >> reporter: president obama insists his plan on the tablt is...
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Dec 28, 2012
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what's the relationship between harry reid and mitch mcconnell? guest: it's hard to tell. the rhetoric on the senate floor can be pretty tough. they call each other my dear friend whenever you want them on the c-span channels, but i think they both are in a frustrating position. senator harry reid does not have more than 60 members, so we cannot block a filibuster but senator mcconnell is adept at applying in cases where he'd want to block legislation. but i think they both have respect for each other's legislative skills and they have proven in the past that when they need to cut a deal, but can cut a deal and bring their party's members with them. host: john mccain writes a big budget deal is still worth doing. he points out to the history of some of these agreements, most notably with ronald reagan in the 1980's and president bush in 1991 in which republicans agreed to spending cuts that never happened while raising taxes. guest: that's right. there's a little confusion about how much spending cuts happened. it's the same sort of formula both sides are pursuing this tim
what's the relationship between harry reid and mitch mcconnell? guest: it's hard to tell. the rhetoric on the senate floor can be pretty tough. they call each other my dear friend whenever you want them on the c-span channels, but i think they both are in a frustrating position. senator harry reid does not have more than 60 members, so we cannot block a filibuster but senator mcconnell is adept at applying in cases where he'd want to block legislation. but i think they both have respect for...
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Dec 30, 2012
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plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell? guest: mcconnell is up for reelection in 2014. if he agrees with the white house on something, particularly tax increases, it will hurt him in his election. remember rand paul -- mcconnell has less room to maneuver. for harry reid, a lot of his reputation is on the line. can he put something on the floor of the senate that some democrats will support? guest: the biggest loser is the unemployed and those trying to get jobs. that is what this is about. really, people need to step back and realize, while we are concerned about deficits, it is because it is a concern about the economy. there are different prescriptions for the economy at different times. allowing this recovery to slow down, even as it has already been anemic, would b
plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell? guest: mcconnell is up for reelection in 2014. if he agrees with the white house on something, particularly tax increases, it will hurt...
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Dec 27, 2012
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gregg: what about harry reid? what's his, does he have anything at all maybe towards the end of the week he will put on the table? i've been hearing he will put to a vote an extension of the bush tax cuts for anybody making under $250,000 a year, extend unemployment benefits for some 2 million people that are about to lose them. what are you hearing? >> right. he sounded pretty pessimistic this morning but that could change and there's, kind of a fight, procedurally between the house and the senate in a sense that if reid originates a bill in the senate that would do what you said, people in the house say, well that would be unacceptable because the constitution requires revenue bills to originate in the house. but there is this bill that the house did pass a while back extending tax cuts for everybody. the senate could actually amend that bill. it originated in the house and then send it back and actually get somewhere. you have to remember that john boehner actually gave in on the principle of raising tax rates
gregg: what about harry reid? what's his, does he have anything at all maybe towards the end of the week he will put on the table? i've been hearing he will put to a vote an extension of the bush tax cuts for anybody making under $250,000 a year, extend unemployment benefits for some 2 million people that are about to lose them. what are you hearing? >> right. he sounded pretty pessimistic this morning but that could change and there's, kind of a fight, procedurally between the house and...
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Dec 24, 2012
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>> reporter: well, and don, we should probably say where our senate majority leader harry reid and senator mcconnell, the republican leader in the senate, because now all eyes turn to the senate. they're set to come back to town on the 27th. that is thursday. and at this point there are a number of options for some sort of bill that senate majority leader harry reid could put on the floor, but right now it appears democrats in the white house are pushing for something that still concentrates on making sure that income tax rates for those making a quarter million dollars or less don't go up. that said, it's really hard to see how at that rate senator mcconnell might allow some republican senators to support it or that some republican senators would even want to jump on board with that and even harder to see how a bill like that is something that house speaker john boehner would allow to the floor -- allow to the house floor for a vote. so things are very uncertainty point and you're hearing a lot of pessimism as we just heard from democrats and republicans about what will happen with the fi
>> reporter: well, and don, we should probably say where our senate majority leader harry reid and senator mcconnell, the republican leader in the senate, because now all eyes turn to the senate. they're set to come back to town on the 27th. that is thursday. and at this point there are a number of options for some sort of bill that senate majority leader harry reid could put on the floor, but right now it appears democrats in the white house are pushing for something that still...
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Dec 29, 2012
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the pressure is on for senate majority leader harry reid to cobble together the deal. minority leader mitch mcconnell to ensure no republicans block the bill. for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package has much more for democrats to like. so don't expect that to get very far. but all sides now agree the senate must first pass a bill before the house makes any kind of move. so all eyes will be on mitch mcconnell and harry reid and their negotiators holed up on capitol hill. the senate comes back into session at 1:00 on sunday. >> jessica yellin, thanks. >>> and with the pressure now squarely on the senate to fix the fiscal cliff, they will lead the talks this weekend. a period of time reid calls, quote, very important, mcconnell says he's hopeful both sides will have a plan to present to the
the pressure is on for senate majority leader harry reid to cobble together the deal. minority leader mitch mcconnell to ensure no republicans block the bill. for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package...
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Dec 30, 2012
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reid, the senate majority leader. it may be we will hear an update from him. maug maybe we should listen to th the. >> prayer. >> let us feel your presence today on capitol hill, as we gather with so much work left undone, guide our lawmakers with your wisdom. lord, show them the right thing to do and give them the courage to do it. be their shelter in the midst of the storm, regardless of how high the waters rise. when they feel exhausted, remind them of the great sufficiency of your grace. look with favor on our nation and save us from self-inflicted wounds. we pray, in your strong name, amen. . >> and now you are familiar with the scene. we will hear "the pledge of allegiance." >>> i pledge allegiance to the flag of the united states of america and to the republic for which it stands one nation under god indivisible with liberty and justice for all. >> and now perhaps we are going to hear from the senate majority leader harry reid, down in the well, as i was saying before we heard the prayer, we were getting some g
reid, the senate majority leader. it may be we will hear an update from him. maug maybe we should listen to th the. >> prayer. >> let us feel your presence today on capitol hill, as we gather with so much work left undone, guide our lawmakers with your wisdom. lord, show them the right thing to do and give them the courage to do it. be their shelter in the midst of the storm, regardless of how high the waters rise. when they feel exhausted, remind them of the great sufficiency of...
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Dec 26, 2012
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i want to read you what the treasury secretary wrote to harry reid. he said i'm writing to inform you that the statutory debt limit will be reached on december 31. he went on to say that they have special gimmicks they are going to deploy to allow us to go past december 31. we have to tell you that here we are again. nothing is being done. we have no resolution of the fiscal cliff him and we are about to hit our heads on the debt ceiling. what you have to say? >> first off, let's remember that the debt limit is no surprise. the surprise is that he shouldn't be surprised. it's his job to keep track of this. and everybody knew that we are going to run out of money in december. apparently except for him. one of the big secrets during the presidential election, there were a lot of things that the administration kept from the american people. one of the big secrets was that we would hit this debt limit in december. because of the way they have been spending money for that past year. they have $150 trillion in january, remember? we all talked about that. th
i want to read you what the treasury secretary wrote to harry reid. he said i'm writing to inform you that the statutory debt limit will be reached on december 31. he went on to say that they have special gimmicks they are going to deploy to allow us to go past december 31. we have to tell you that here we are again. nothing is being done. we have no resolution of the fiscal cliff him and we are about to hit our heads on the debt ceiling. what you have to say? >> first off, let's remember...
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Dec 28, 2012
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>> it is still on the table, what harry reid and mitch mcconnell are working on. the question is can they device something in the next 24 hours that would set an income tax hike threshold to $400,000 and use steps to use that revenue to defer the sequester, those automatic indiscriminate budget cuts nobody wants to happen. the question is going to be, can they get that done and get enough republicans in the senate to support it to convince the house to take it up? if not, the president and democrats are going to dare republicans to block an up or down vote on the president's proposal of tax hikes for everyone over $250,000. >> john harwood joining us from washington this evening. thanks so much, john. >>> and a program note. david gregory will have an exclusive interview with president obama on the fiscal cliff crisis this sunday on "meet the press." >>> and now to the weather. and more snow is on the way as we head into the new year's weekend, and that may not be the end of it. the weather channel's chris warren joins me now. chris, good evening. >> good evening
>> it is still on the table, what harry reid and mitch mcconnell are working on. the question is can they device something in the next 24 hours that would set an income tax hike threshold to $400,000 and use steps to use that revenue to defer the sequester, those automatic indiscriminate budget cuts nobody wants to happen. the question is going to be, can they get that done and get enough republicans in the senate to support it to convince the house to take it up? if not, the president...
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Dec 29, 2012
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if an agreement is not reached in time between senator harry reid and harry mcconnell, then i will urge senator harry reid to bring to the floor a basic package for an upper down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job and lays the groundwork for future cooperation on more economic growth and deficit reduction. i believe that such a proposal could pass both houses with bipartisan majorities as long as they allow it to actually come to a vote. if members of the house for the senate want to vote no, they can. which of but everybody vote. that is the way this is supposed to work. -- we should let everybody vote. if you can get a majority, which should be able to pass the bill. host: that was the president yesterday. he talks a little bit more about that in the "washington -- the wall street journal" this mornign ng. back to the telephones. in georgia on the line for republicans we have larry. caller: yes, sir. thank you for taking my call. i am a in a position where i wou
if an agreement is not reached in time between senator harry reid and harry mcconnell, then i will urge senator harry reid to bring to the floor a basic package for an upper down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job and lays the groundwork for future cooperation on more economic growth and deficit reduction. i believe that such a proposal could pass both houses with...
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the senate majoritleader, harry reid, mitch mcconnell, it is up to them to craft this thing. it is out of his hands for the next couple of days and into the hands of people in the senate. adam: rich edson at the white house. i know that you are going to regroup. gerri willis and "the willis gerri willis and "the willis right now. >> biological attack is possible. >> swine flu panic grips the nation. >> climate change is killing people. >> the media says life is horrible. >> poverty has reached new depths. >> but the media missed the big picture. >> i was only four when i saw my motherlode a washing machine for the first time. >> this is a wonderful word and getting better. his grandmother was thrilled by a washing machine. >> she sat down and watched the entire washing program. >> two, one, fire! >> the machines coming next or better thanks to competition. and they build school cars and space ships. >> entrepreneurs do what only governments did before. >> maybe cities will be built on water flow from big government. >> this is outside the united states jurisdiction. >> life g
the senate majoritleader, harry reid, mitch mcconnell, it is up to them to craft this thing. it is out of his hands for the next couple of days and into the hands of people in the senate. adam: rich edson at the white house. i know that you are going to regroup. gerri willis and "the willis gerri willis and "the willis right now. >> biological attack is possible. >> swine flu panic grips the nation. >> climate change is killing people. >> the media says life is...
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harry reid has called on hawaii's governor neil abercrombie to appoint a successor before the end of the year. >>> ted kennedy jr., son of the late edward kennedy is considering a run for john kerry's senate seat according to his brother, former congressman patrick kennedy. the "boston globe" reports that ted reached out to family members, friends and prominent democrats including john kerry about the possible run. he would most likely face off against former senator scott brown who lost his seat to elizabeth warren in the november elections. >>> thank you so much for watching today. i'm candy crowley in washington. head to cnn.com/so it tu for analysis and extras if you missed any part of today's show, find us on itunes, search state of the union. from all of us we want to wish you a merry christmas. "fareed zakaria gps" is next for our viewers in the united states. >>> this is "gps" the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria. on the show today, we'll move past the fiscal cliff and talk about the real challenges to t
harry reid has called on hawaii's governor neil abercrombie to appoint a successor before the end of the year. >>> ted kennedy jr., son of the late edward kennedy is considering a run for john kerry's senate seat according to his brother, former congressman patrick kennedy. the "boston globe" reports that ted reached out to family members, friends and prominent democrats including john kerry about the possible run. he would most likely face off against former senator scott...
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Dec 29, 2012
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that's where harry reid will be starting things today. he also is planning to include an extension of unemployment benefits. the unemployment benefits actually run out today. that fiscal cliff we've already reached. that is going to be in this starting point deal. now, things we're less clear on. for example, the budget cuts that are impending for most of government, and also the debt ceiling. those are two items that we think may not be in a deal. may be kicked down the road. either those budget cuts will hit and will last, or there will be a different fix later. that's where things seem to be right now, but those are a little bit more up in the air. >> lisa, does that extension for tax cuts for everyone over $250,000, is that for households or for individuals? >> that $250,000 is for individuals. >> okay, okay. i see. so how long do lawmakers have to make a deal at this point? >> right. i just want to make sure we're clear. they want to extend the tax cuts for people whose family income is under $250,000. so people making above that wou
that's where harry reid will be starting things today. he also is planning to include an extension of unemployment benefits. the unemployment benefits actually run out today. that fiscal cliff we've already reached. that is going to be in this starting point deal. now, things we're less clear on. for example, the budget cuts that are impending for most of government, and also the debt ceiling. those are two items that we think may not be in a deal. may be kicked down the road. either those...
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Dec 28, 2012
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from the democrat-controlled senate, top democrat harry reid, and the top republican mitch mcconnell. senator reid says there is no time to reach a deal. mr. mcconnell says he is more optimistic. then from the republican controlled house of representatives, the top republican john boehner has rejected president obama's previous offers and the morse -- most senior democrat in the house, nancy pelosi. what is the cliff and can be avoided? >> the house of representatives will be going back into session sunday but at this point we do not know what kind of measure they have before them that they can consider for a vote. there has been no indication from the white house or the republican leadership that they are anywhere near any kind of makings of a deal that they could present to the house republican leadership -- or the house republican rank-and-file who so far have been adamantly opposed to tax increases at any level of income, which is an absolute prerequisite for president obama. if they do not come to some kind of agreement, but that tax to be voted on -- and there is doubt that it i
from the democrat-controlled senate, top democrat harry reid, and the top republican mitch mcconnell. senator reid says there is no time to reach a deal. mr. mcconnell says he is more optimistic. then from the republican controlled house of representatives, the top republican john boehner has rejected president obama's previous offers and the morse -- most senior democrat in the house, nancy pelosi. what is the cliff and can be avoided? >> the house of representatives will be going back...
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so it's not impossible that harry reid could get that up or down vote. i'll tell you, the way things stand now, if that was today, he would not get that vote. republicans would likely block that vote with a filibuster. but again, we just can't predict the future in this congress. and if there's no other deal, it's hard to say what lawmakers on either side would do when we come to january 1 or january 2. >> all right. while lawmakers are negotiating, i understand president obama is making the rounds? >> reporter: yeah. yes. his schedule actually is -- funny, he has no public events at all this weekend except for one. we know that he is planning to be on "meet the press." a very rare appearance for the president on a morning news show. but he's obviously picking his timing carefully and very poignantly. he want to put extra pressure on congress, and he's making an appearance tomorrow on nbc's "meet the press." >> lisa desjardins in washington, thanks. we'll be watching right along with you. >>> in india, the young woman gang raped on a new delhi bus is dea
so it's not impossible that harry reid could get that up or down vote. i'll tell you, the way things stand now, if that was today, he would not get that vote. republicans would likely block that vote with a filibuster. but again, we just can't predict the future in this congress. and if there's no other deal, it's hard to say what lawmakers on either side would do when we come to january 1 or january 2. >> all right. while lawmakers are negotiating, i understand president obama is making...
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. >> and back at the capital the senate's democratic majority leader harry reid and republican minority leader mitch mcconnell offered their takes on the meeting. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader, myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. and so we'll be working hard to try to see if we can get there in the next 24 hours. and so i'm hopeful and optimistic. >> whatever we come up with is going to be imperfect. some people aren't going to like it. some people will like it less. but that's where we are. and i feel confident that we have an obligation to do the best we can and that was made very clear. >> brown: house speaker john boehner aides said if the senate passes a bill the house will take it up and either accept or amend it and a short time ago president obama appeared in the white house briefing room with a statement. here is some of what he said. >> we had a cons
. >> and back at the capital the senate's democratic majority leader harry reid and republican minority leader mitch mcconnell offered their takes on the meeting. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader, myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. and so we'll be working...
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not a priority, and he shut down yucca mountain because harry reid was in a tough battle in 2010 which he won narrowly against sharron angle. and then, final hi -- i think this is finally for barack obama, on solar power. obama says he wants to promote green energy. well, he has two very bad policies if that's the case. one was playing venture capitalist with your money. solyndra, which we all know went bust and lost $500 million, was a technology that actually might work. it's called sigs, these are expensive panels, but they're more efficient than the cheap solar panels we get from china. china uses amorphous silicone. so he decided, well, look, the price of silicone is probably going to go up as it becomes more and more is and more in demand, so, therefore, we should invest many this new technology. well, that's not what happened. the price of silicone came crashing down, and along with it solyndra's entire business model and along with it your $500 million. so that's bad decision number one. subsidizing technology when you should be subsidizing basic research. i am completely in fa
not a priority, and he shut down yucca mountain because harry reid was in a tough battle in 2010 which he won narrowly against sharron angle. and then, final hi -- i think this is finally for barack obama, on solar power. obama says he wants to promote green energy. well, he has two very bad policies if that's the case. one was playing venture capitalist with your money. solyndra, which we all know went bust and lost $500 million, was a technology that actually might work. it's called sigs,...
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. >> reporter: senate majority leader harry reid said he too would try to reach agreement. but that was after spending most of the day hammering away at house republicans. reid blamed the current stand off on the inability of house republicans to pass their own plan which would have extended tax breaks for everyone making less than a million dollars a year. >> it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd. he meaning the speaker. so it's very clear now mr. president that the speaker's number one goal is to get elected speaker on january 3. >> reporter: january 3 is the deadline for the new congress to start work. if a fiscal cliff fix isn't passed by then, the start of a new congress will likely delay matters even more. which is why the focus now is on reaching a nano-deal. >> the minimal that they can put together to avoid the fiscal cliff which will have sadly almost no impact on the long- term debt trajectory, but right now, neither markets nor the congress care abou
. >> reporter: senate majority leader harry reid said he too would try to reach agreement. but that was after spending most of the day hammering away at house republicans. reid blamed the current stand off on the inability of house republicans to pass their own plan which would have extended tax breaks for everyone making less than a million dollars a year. >> it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the...
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so senate majority leader harry reid, a democrat, has crafted an alternative proposal that he has -- saying he will put -- if the negotiations i just described fail and if the senators cannot come to a bipartisan agreement, then the democratic leader is going to put on the floor a democratic proposal that would extend tax rates for households that make $250,000 and less. hatch the alternative minimum tax and extend unemployment insurance. so that's a democratic proposal. the problem with that is, you can expect a republican is likely to filibuster it or block it in some way so it's not likely to go anywhere. and it's not likely to be put on the house floor for a vote by republicans in the house or democrats in the house. so you can assume it's a nonstarter. it's more of the political proposal than a real proposal. bottom line. there's one good thing in washington. or two. you're there. and if we can get a shot of the capitol back, at least there's a nice dusk happening it's beautiful. let's hope that helps the mood there. and they get something done. jess, thank you. >> thanks. >>> d
so senate majority leader harry reid, a democrat, has crafted an alternative proposal that he has -- saying he will put -- if the negotiations i just described fail and if the senators cannot come to a bipartisan agreement, then the democratic leader is going to put on the floor a democratic proposal that would extend tax rates for households that make $250,000 and less. hatch the alternative minimum tax and extend unemployment insurance. so that's a democratic proposal. the problem with that...
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harry reid, minority leader mitch mcconnell, house speaker john boehner and house democratic leader nancy pelosi met at the white house yesterday afternoon with the president and vice president. here's where things stand right now. the senate leaders are meeting aiming to avoid tax hikes. and they may vote on a deal sunday or perhaps on monday. jessica yellin is our chief white house correspondent. lisa day jar dayne is on capitol hill. the president used his bully pulpit to reinforce the idea that senators need to get busy. so let's listen. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable, why everything always has to wait till the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. >> so jessica, you were in the room for the president's remarks. on a scale of 1 to 10, let's measure
harry reid, minority leader mitch mcconnell, house speaker john boehner and house democratic leader nancy pelosi met at the white house yesterday afternoon with the president and vice president. here's where things stand right now. the senate leaders are meeting aiming to avoid tax hikes. and they may vote on a deal sunday or perhaps on monday. jessica yellin is our chief white house correspondent. lisa day jar dayne is on capitol hill. the president used his bully pulpit to reinforce the idea...
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Dec 27, 2012
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thanks a lot, harry reid. with today's losses we have wiped out december's gains on the stock market. today, also by the way, takes the very dubious prize of being the worst day of december for all three averages and the worst day since november the 14th. we are now down on the stock market for the fourth day in a row and the vix, guys, is jumping. let's get straight down to the trading store and find out the buzz. seema modi is manning the nas desk. >> a deal to avoid the fiscal cliff thought it was a certainty at the beginning of the month. today not so much. senator reid's comments and a dismal report triggering a selloff that a lot of pessimists had expected sooner than today because they didn't think the deal on the cliff would be done. the dow dropping below 13,000 for the first time today sings the beginning of this month. now negative as well for the month of december. trading at a three-week low with all 30 of the dow components in negative territory. with the dow below 13,000 the s&p is notching up i
thanks a lot, harry reid. with today's losses we have wiped out december's gains on the stock market. today, also by the way, takes the very dubious prize of being the worst day of december for all three averages and the worst day since november the 14th. we are now down on the stock market for the fourth day in a row and the vix, guys, is jumping. let's get straight down to the trading store and find out the buzz. seema modi is manning the nas desk. >> a deal to avoid the fiscal cliff...
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but president obama and 10 eric -- and harry reid believe it is one that can pass both houses. republicans agree. republicans have taken the step in the right direction. they pass legislation to replace this with responsible target it once and to bring our nation record debt under control. instead of considering the house plan to protect taxpayers democrats have spent months drawn partisan lines in the stands. the tax hike would only funds the government for eight days. americans deserve to know what the president proposes we do for the other 357 days a year. inaction should not be a problem. the problems facing our country are baked but not all that complicated. -- are big but not all that complicated. the next two days will begin to define the president's second term. he was elected to lead. >> we also got an update from oulaurie mcginley this morning. >> what kind of a deal did the president offered? what is new on the negotiations among and between the centers in the white house backs -- senators in the white house what is new is the the have seemed to finally agreed they'r
but president obama and 10 eric -- and harry reid believe it is one that can pass both houses. republicans agree. republicans have taken the step in the right direction. they pass legislation to replace this with responsible target it once and to bring our nation record debt under control. instead of considering the house plan to protect taxpayers democrats have spent months drawn partisan lines in the stands. the tax hike would only funds the government for eight days. americans deserve to...
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. >> reporter: in the political cliff hanger sources close to the talks say senate leaders harry reid and mitch mcconnell are drafting a small plan that could include extending unemployment insurance benefits pro-tkting about 30 million americans from paying the alternative minimum tax and allowing tax rates to increase on the wealthiest americans, but this issue remains a major sticking point with many republicans resisting any tax increase at all. economists say the last-minute process calls into question washington's ability to deal with the hard issues of tax reform and deficit reduction. >> the prospects for the economy are incredibly dim until we put in place a bigger deal, tackle these challenges, and put some certainty into the economy and boost confidence. >> reporter: meanwhile, americans watched with worry and frustration. >> i think they're all failing us a great deal and i'm so sick and tired of them fighting. >> the equivalent of worried about your mortgage after you're already homeless. so it's, like i said, sad. they have a job to do and they're not doing it. >> report
. >> reporter: in the political cliff hanger sources close to the talks say senate leaders harry reid and mitch mcconnell are drafting a small plan that could include extending unemployment insurance benefits pro-tkting about 30 million americans from paying the alternative minimum tax and allowing tax rates to increase on the wealthiest americans, but this issue remains a major sticking point with many republicans resisting any tax increase at all. economists say the last-minute process...
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. >> and back at the capital the senate's democratic majority leader harry reid and republican minority leader mitch mcconnell offered their takes on the meeting. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. and so we'll be working hard to try to see if we can get there in the next 24 hours. and so i'm hopeful and optimistic. >> whatever we come up with is going to be imperfect. some people aren't going to like it. some people will like it less. but that's where we are. and i feel confident that we have an obligation to do the best we can and that was made very clear. >> brown: house speaker john boehner aides said if the senate passes a bill the house will take it up and either accept or amend it and a short time ago president obama appeared in the white house briefing room with a statement. here is some of what he said. >> we had a const
. >> and back at the capital the senate's democratic majority leader harry reid and republican minority leader mitch mcconnell offered their takes on the meeting. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. and so we'll be working...
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reid, the majority leader. and have been so incredibly productive and coop rattive and collegial that it is probably-- they'll probably have it before ten minutes. i think there is a good chance. >> woodruff: we could start the champagne early. but the reality 500 million in tax cuts and spending cuts and tax increases on the negative side impact on this, in g-- i think they will. >> the action is all in the senate,s that sha did --. >> i don't know why that is that is what people have decide. one of the things that struck me and i think mark too about the president's press conference, if he saying oh these politicians in washington, they're squabbling. i should write a letter to the white house and find out who is in charge. it happens to be you, mr. president, you are sort of involved here. so to me if i have to talk about the flaws of each side, the president still is sort of oh, those politician should figure it occupant. the republicans have a larger problem, a freudian problem wa, do republicans want. it'
reid, the majority leader. and have been so incredibly productive and coop rattive and collegial that it is probably-- they'll probably have it before ten minutes. i think there is a good chance. >> woodruff: we could start the champagne early. but the reality 500 million in tax cuts and spending cuts and tax increases on the negative side impact on this, in g-- i think they will. >> the action is all in the senate,s that sha did --. >> i don't know why that is that is what...
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senate majority leader harry reid has said if they don't reach something by monday he'll bring forward a bill to help out the middle class for an up-and-down vote. >> right. >> put everybody on the record, but especially republicans. isn't that the tactic? >> exactly right. the step before that is harry reid is working on some bill that might get bipartisan support in the senate. president obama in that meeting apparently told them try and work something out. and reid left and made a statement last night, as did mcconnell, that they're going to try and work something out. the best-case scenario is that sometime tomorrow they are able to put it to the senate and then it quos to the house, and then there's a real bill that sounds like a compromise. it's not the grand bargain we were all looking for. it will be some kind of deal to stop going over the cliff. option two is what we're talking about here, that those two can't get a deal and they put something forward and everybody in the senate and subsequently hopefully in the house gets to say yea or no to it. you're on the record. if you
senate majority leader harry reid has said if they don't reach something by monday he'll bring forward a bill to help out the middle class for an up-and-down vote. >> right. >> put everybody on the record, but especially republicans. isn't that the tactic? >> exactly right. the step before that is harry reid is working on some bill that might get bipartisan support in the senate. president obama in that meeting apparently told them try and work something out. and reid left and...
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harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this, we're joined by christian schultz from barronberg bank. welcome. so we're going over the fiscal cliff. >> well, the consumer confidenc already be over the cliff in terms of confidence already. that might already be the first impact of the crisis of -- not of the crisis, but yes of the fiscal cliff. it seems we have this moment where this animal goes over the cliff, all limbs are still rotating around and we're staring into the abyss and eventually we're going to fold. >> i love that mental image. >> but it wa
harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the...
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senate majority leader senator harry reid has called on neil abercrombie to quickly appoint a successor before the end of the year. >>> ted kennedy jr., son of the late edward kennedy is considering a run for john kerry's senate seat, according to his brother former congressman patrick kennedy. "boston globe" reports that ted reached out to family members, friends and prominent democrats including john kerry about the possible run. he will likely faceoff against former senator scott brown who lost his seat to elizabeth warren in the november elections. those are your top stories. "reliable sources" at the top of the hour. now back to fareed zakaria "gps." >>> what would you dine a recession the fatd of a million jobs rested with you and just a few of us. nearly four years ago that was the question facing steve rattner a former fund on the newly formed auto task force. early 2009 the dow jones had recently had its largest single day point drop. 2.6 million jobs had been lost and banks and businesses were frequently failing. few companies were as battered as the big three automakers and i
senate majority leader senator harry reid has called on neil abercrombie to quickly appoint a successor before the end of the year. >>> ted kennedy jr., son of the late edward kennedy is considering a run for john kerry's senate seat, according to his brother former congressman patrick kennedy. "boston globe" reports that ted reached out to family members, friends and prominent democrats including john kerry about the possible run. he will likely faceoff against former...
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reid. [applause] >> as an 18 or 19-year-old young man, i came to the realization i was not going to be the athlete of my dreams. i was not big enough, fast enough, or good enough. but i still have those dreams. i get up every morning, with all the things the we do here, unemployment, energy problems -- when i get up in the morning, i get "the new york times," and the first place i go is the sports page. for a few minutes every morning, i dream of the athlete that i wanted to be. [laughter] and as i have dreamed over the decades, i thought, wouldn't it be great to be able to meet a babe ruth or lou gehrig? or maybe a rocky marciano? joe frazier? but today, i have been able to meet two of the people i have dreamed about going down to that 18th hole. with a good put, i can win this thing. this is a personal privilege for me to be able to meet the great jack nicklaus and to be here to help honor the great arnold palmer. we know that arnold palmer has played on the finest courses that the world
reid. [applause] >> as an 18 or 19-year-old young man, i came to the realization i was not going to be the athlete of my dreams. i was not big enough, fast enough, or good enough. but i still have those dreams. i get up every morning, with all the things the we do here, unemployment, energy problems -- when i get up in the morning, i get "the new york times," and the first place i go is the sports page. for a few minutes every morning, i dream of the athlete that i wanted to be....
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we're getting a lot of name calling here on capitol hill, including yesterday with harry reid accused john boehner of being a dictator. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. not allowing the vast majority of the house of representatives to get what they want. >> that drew this response from speaker boehner. the senator reid should talk less and legislate more. the house already passed legislation to avoid the entire fiscal cliff. the senate democrats have not. now, the final point here, and this is going to -- but believe it or not, we're also talking about milk. it's not directly part of the fiscal cliff, but because congress didn't pass a farm bill this year, you have these bizarre 1949 price supports that would go back into effect unless congress can fix that. if they don't, the price you pay at the grocery store is going to skyrocket. maybe several dollars a gallon. so because of that, congress wants to make a milk fix part of any part o
we're getting a lot of name calling here on capitol hill, including yesterday with harry reid accused john boehner of being a dictator. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. not allowing the vast majority of the house of representatives to get what they want. >> that drew this response from speaker boehner. the senator reid should talk...
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gregg: tony, it is looking likely later this week harry reid will be able to pass a bill in the senate that extends the bush tax cuts for folks making less than 250,000 and extend unemployment benefits. it then goes to the house. i would think that it could pass in the house with almost every democrat and some moderate republicans. tony, if that happens, your party, republicans are going to wish they passed boehner's plan. about, right? >> well, look, that would be essentially a unilateral disarmiment for the gop which is a nice christmas gift to the president but nothing that is going to really solve the problem. if there is going to be a stopgap, all tax cuts need to be extended until washington gets its act together. gregg: you're dodging my question. republicans will wish they voted for plan b, tony. tony? >> gregg, the essential point is this, we have to solve the problem. we can no longer play this game and kick the can down the road. so if we're going to do it at least give the markets, the stability, let the bush tax cuts --. gregg: last question, marjorie. the whole fiscal cli
gregg: tony, it is looking likely later this week harry reid will be able to pass a bill in the senate that extends the bush tax cuts for folks making less than 250,000 and extend unemployment benefits. it then goes to the house. i would think that it could pass in the house with almost every democrat and some moderate republicans. tony, if that happens, your party, republicans are going to wish they passed boehner's plan. about, right? >> well, look, that would be essentially a...
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>> i think harry reid will do a stopgap deal, and we'll be back at the drawing board. gregg: tony 134. >> that's what's going to happen at best, and it's not going to solve the problem. we need the grand bargain, we really do. gregg: good to see you both. >> good to be here. >> thanks so much, gregg. heather: coming up, a potentially major strike threatening the u.s. economy from coast to coast as business leaders ask where is president obama? with poor workers on the brink of a walkout that could cost billions. gregg: and we are learning more about the man who killed two firefighters, upstate new york. we're going to talk with a clinical psychologist about how a man like this could slip through the cracks, a man who claimed in his farewell note that killing people was what he liked to do. >>> and an officer wiewbded in the shooting -- wound withed in the shooting speaking out just moments ago for first time. >> for some reason some person decides that he can do whatever he wants. no one ever expected that, i never expected that. these are things that no one ever expec
>> i think harry reid will do a stopgap deal, and we'll be back at the drawing board. gregg: tony 134. >> that's what's going to happen at best, and it's not going to solve the problem. we need the grand bargain, we really do. gregg: good to see you both. >> good to be here. >> thanks so much, gregg. heather: coming up, a potentially major strike threatening the u.s. economy from coast to coast as business leaders ask where is president obama? with poor workers on the...
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gallup has new numbers showing tremendous poll increases for harry reid and congressional democratic leaders. the real question is can the democrats seize this opportunity to their advantage. >> all right. wewe he to leave it there, gentlemen. thank you for coming on the program. i know it's certainly early. our thanks, of course, to jake and josh. >> thanks. >>> futures will begin trading at the top of the hour. we'll prepare for your market open. so be sure to keep the channel on cnbc. >>> plus, problems for netflix. we'll tell you why the video streaming service may be getting some coal in its stocking this year. >>> if lawmakers do not reach a budget deal to avoid the fiscal cliff, federal taxes will be raised by more than $500 billion in 2013. an average of almost $3,500 per household. or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> welcome back to "worldwide exchange." if you got an ipad mini under the tree this year, you're not alone. the new apple tablet has been in short demand wor
gallup has new numbers showing tremendous poll increases for harry reid and congressional democratic leaders. the real question is can the democrats seize this opportunity to their advantage. >> all right. wewe he to leave it there, gentlemen. thank you for coming on the program. i know it's certainly early. our thanks, of course, to jake and josh. >> thanks. >>> futures will begin trading at the top of the hour. we'll prepare for your market open. so be sure to keep the...
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that was harry reid. you just saw -- what the two of them said was what we had learned from others about the meeting that is in the next 24 hours we may learn if there's going to be a deal and whether this will bleed into 2013. it's up to senator reid and mcconnell say, it's going to be something i can sell to my caucus and it's going to be something that he can sell to his and senator reid said, look, it's not going to be perfect. that much we knew already. 24 hours, those two men trying to come up with something that will not just pass their caucuses but passed by enough in the house to avoid this fiscal cliff. so we will keep you abreast of that again. we'll hear from the president at 5:45 eastern time. that's in about 15 -- 25 minutes. >>> despite what you might think, congress is getting some work done. today senate sent president obama a bill that reauthorizes eavesdropping on communications in search of possible terrorists. in doing so, lawmakers brushed away concerns about violating privacy. >> th
that was harry reid. you just saw -- what the two of them said was what we had learned from others about the meeting that is in the next 24 hours we may learn if there's going to be a deal and whether this will bleed into 2013. it's up to senator reid and mcconnell say, it's going to be something i can sell to my caucus and it's going to be something that he can sell to his and senator reid said, look, it's not going to be perfect. that much we knew already. 24 hours, those two men trying to...